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government investment in education and infrastructure while also acknowledging the need to reduce the deficit with new taxes and budget cuts. the white house also says his top priorities are the same as they have been, creating jobs and growing the middle class. >>> apple ceo tim cook is one of the invited guests. he's expected to watch the state of the union with the first lady. last year she was joined by steve jobs' widow. the first lady has also invited military families and victims of gun violence. our live coverage of the state of the union starts at 6 p.m. following ktvu channel 2 news at 5:00. then at 7:30 we'll break down the president's speech and gop response with our political analyst. >>> temperatures are trending upward, but how high will they climb tomorrow? >> robbers hold up a local bank, the latest on the there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs. each of your bodies. our sleep profess
government investment in education and infrastructure while also acknowledging the need to reduce the deficit with new taxes and budget cuts. the white house also says his top priorities are the same as they have been, creating jobs and growing the middle class. >>> apple ceo tim cook is one of the invited guests. he's expected to watch the state of the union with the first lady. last year she was joined by steve jobs' widow. the first lady has also invited military families and...
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. >> reporter: at one point the ravens led 28-6 and no team has ever come back from a 10 point deficit. 49ers came roaring back in the second half but the thrilling rally came five yards short less than two minutes to go and the ravens ended up winning 34- 31. [applauds] [applauds]. >> well the big come back in the second half had many 49ers holding out for a big win and having their team in the super bowl was a big achievement in its own and many were brought to tears from the disappointing loss. >>> crowds in san francisco were relatively calm last night but police still made some arrests. alex savage is in san francisco to talk about the extra precaution we are taking to prevent a repeat in vandalism, alex? >> reporter: they remained relatively calm and of course san francisco police had a lot of extra officers out in force and they had a lot of potential hot spots including the mission district and that's where we are now, things are still quiet right now. they had three times as many officers on the streets compared to an average sunday night and 49ers spilled out after that crush
. >> reporter: at one point the ravens led 28-6 and no team has ever come back from a 10 point deficit. 49ers came roaring back in the second half but the thrilling rally came five yards short less than two minutes to go and the ravens ended up winning 34- 31. [applauds] [applauds]. >> well the big come back in the second half had many 49ers holding out for a big win and having their team in the super bowl was a big achievement in its own and many were brought to tears from the...
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the 49ers came nearly all the way back from a 22-point deficit, closing to within a touchdown in the final moments of the game. but san francisco would fall just short, losing 34-31. it was jim congratulating older brother john, as the brothers harbaugh reunited on the field. it was a first super bowl win for michael oher, whose story we all saw in the book and the movie, "the blind side." after the confetti has fallen -- what is it like? >> from nothing to a super bowl champion, i'm in shock right now. >> oh, we won the super bowl! >> reporter: and a second ring for ray lewis in what he has said would be the final game of a 17-year career. >> baltimore, we're coming home, baby! we did it! >> reporter: just how much did the blackout affect the game's outcome? i spoke with my former colleagues, mike greenberg, mike golic, of "mike and mike in the morning" on espn radio and espn2, for more on that. let's be honest, 35 of the strangest minutes in super bowl history last night. >> yeah, and awful. obviously. in every possible way, awful. what i'm really glad for is that if the 49ers won
the 49ers came nearly all the way back from a 22-point deficit, closing to within a touchdown in the final moments of the game. but san francisco would fall just short, losing 34-31. it was jim congratulating older brother john, as the brothers harbaugh reunited on the field. it was a first super bowl win for michael oher, whose story we all saw in the book and the movie, "the blind side." after the confetti has fallen -- what is it like? >> from nothing to a super bowl...
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new cbo estimates out for the first time since president obama took office, the federal deficit will drop below $1 trillion. last friday, the dow jones closed above 14,000 for the first time in more than five years. january brought modest job growth and for the big three automakers, double digit gains. and for ten consecutive months, housing prices have gone up. it's a seller's market. yesterday, president obama warned congress to avoid any self-inflicted wounds. rob and diana, back to you. >> so if you're trying to do the math here and keep up, we remember that deal at the end of the year. that's what set the taxes higher for those making $400,000 and as part of that deal, they put off those massive cuts. now they're saying march 1. that is different from the may deadline they've come up with, which is the debt ceiling. so they've passed a law to temporarily not enforce that debt ceiling until may. so two big deadlines. march 1 and may 18. >> we do a lot of kicking the can. but almost always they come to a resolution in the 11th hour, like karen said. and there is some encouraging n
new cbo estimates out for the first time since president obama took office, the federal deficit will drop below $1 trillion. last friday, the dow jones closed above 14,000 for the first time in more than five years. january brought modest job growth and for the big three automakers, double digit gains. and for ten consecutive months, housing prices have gone up. it's a seller's market. yesterday, president obama warned congress to avoid any self-inflicted wounds. rob and diana, back to you....
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. >> reporter: a $15 billion budget deficit has done what neither rain nor sleet nor snow could do. >> the choice is either change some of the service or raise prices. and people don't want prices raised. we'll make the changes in service. >> hello. >> how are you today? >> i'm great, thanks. >> reporter: lorenzo hudson has been making the rounds in great neck, new york, for more than 20 years. he was featured in a postal service tv commercial that ran during the super bowl pregame show. >> we don't want to see the business go under, because they couldn't get rid of saturday or because they didn't get rid of saturday, but at the same time, i, you know, i want the perfect world. i want us to be able to stay with saturday delivery. >> reporter: in recent years, the volume of first-class mail has plunged as more and more people pay bills online and communicate with e-mail. in response, post offices have been closed, the price of a stamp raised, but nothing has staunched the flow of red ink. ending saturday service could save about $2 billion a year. while it may make financial sense, few
. >> reporter: a $15 billion budget deficit has done what neither rain nor sleet nor snow could do. >> the choice is either change some of the service or raise prices. and people don't want prices raised. we'll make the changes in service. >> hello. >> how are you today? >> i'm great, thanks. >> reporter: lorenzo hudson has been making the rounds in great neck, new york, for more than 20 years. he was featured in a postal service tv commercial that ran during...
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. >> we have reduced our numbers by 193,000 employees and we still are operating at a deficit. >> the deliveries of letters will stop august 5th and postal customers we talk to this morning were mixed in their reaction. >> we wouldn't miss anything, to be truthful. if they can't deliver it on saturday, they will deliver it friday or monday. >> will you miss saturday mail? >> yes i have a business and i pick up mail. >> she would still be able to get her mail at the post office if she has a p.o. box but it is home delivery and letter delivery that will stop. more coming up on abc7 news at 4:00. still ahead, the push for stricter gun control gets some star power. with celebrities talking about ending gun violence. advocates of allowing gays in the boy scouts will have to wait a little long >> in texas, six people are believed to have drown after a watery crash involving a van full of undocumented immigrants. the van crashed into a stock tank providing. drinking water if animals. ten were found alive. police south of san antonio tried to pull the van over for a broken taillight but the d
. >> we have reduced our numbers by 193,000 employees and we still are operating at a deficit. >> the deliveries of letters will stop august 5th and postal customers we talk to this morning were mixed in their reaction. >> we wouldn't miss anything, to be truthful. if they can't deliver it on saturday, they will deliver it friday or monday. >> will you miss saturday mail? >> yes i have a business and i pick up mail. >> she would still be able to get her mail...
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experts say the deficit could drop by 2015. >> today, british parliament legalized same-sex marriage that7:ru:u&d allow couples to get married in both civil and religious ceremonies if instit yug as agree to it. it needs to pass a final vote next week. the u.s. military appears ready to extend benefits to same-sex partners of service members. a final decision has not been made on which benefits would be included. pentagon is likely to aallow the partners to have access to some programs. the pentagon repealed a ban on openly gay service men and women 16 months ago stit of florida's python challenge seems to beç&ój paying dividen. the commission says 50 nonnative pythons have been captured during the first three weeks of the competition. officials organized this contevt to raise awareness about the snake's threat to wildlife. about 1500 participants joined the hunt, it ends next week. the person corralling the longest python wins $1500. and those are large. >> coming up, baby boomers living longer than parents but are they living longer. >> and a teenager's attitude gets her in trou
experts say the deficit could drop by 2015. >> today, british parliament legalized same-sex marriage that7:ru:u&d allow couples to get married in both civil and religious ceremonies if instit yug as agree to it. it needs to pass a final vote next week. the u.s. military appears ready to extend benefits to same-sex partners of service members. a final decision has not been made on which benefits would be included. pentagon is likely to aallow the partners to have access to some...
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. >> the niners nearly come back from the 22-point deficit in a thrill be super bowl game. next, the rousing welcome in store when they return to the bay area. >> the niners only have one more season left at candlestick park and this morning we find out what will happen to >> live from the kgo broadcast center this is abc7 news. >> it is 5:00. tough to get out of bed this morning. >> we are still trying to have a smile on our face. there is always next season. tough loss last night. >> we will get you started with a look at weather forecast that promises to be interesting. >> absolutely. still winter but you would not know it by the last couple of weeks. live doppler 7 hd shows cloud cover out there but it is slow almost locking like marine layer clouds. they will pull back to the coast and bring us sunshine throughout the afternoon. there is no cloud hanging over you, literally, and it will go away later today. temperatures in the upper 30's to mid-40's. upper 40's around oakland and san francisco. now, temperatures, increasing sunshine at coast where we will have the grea
. >> the niners nearly come back from the 22-point deficit in a thrill be super bowl game. next, the rousing welcome in store when they return to the bay area. >> the niners only have one more season left at candlestick park and this morning we find out what will happen to >> live from the kgo broadcast center this is abc7 news. >> it is 5:00. tough to get out of bed this morning. >> we are still trying to have a smile on our face. there is always next season....
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include restoring the 10 percent pay cuts they accepted to help limit layoffs during record budget deficits. leaders indicated they would support modest raises but the police officers association argues that bigger raises are needed to keep officers from leaving the department. the union has called for opening negotiations to the public. >> the boy scouts of america board could vote whether to lit a long-term policy that excludes gay members and leaders. the executive board is wrapping up three days of meetings today at the headquarters in texas. the proposal would allow individual scout troops to decide how they want to address the issue, a conservative group in texas organized a prayer vigil this morning, and the organization is expected to issue a statement either way. >> the nasdaq could pay millions over the social media company facebook's botched initial public offering. the "wall street journal" reports that nasdaq is in talks with the government to pay $5 million in penalties which is only 1 percent of the money lost by brokers and investors. last may on the only of the facebook i.p
include restoring the 10 percent pay cuts they accepted to help limit layoffs during record budget deficits. leaders indicated they would support modest raises but the police officers association argues that bigger raises are needed to keep officers from leaving the department. the union has called for opening negotiations to the public. >> the boy scouts of america board could vote whether to lit a long-term policy that excludes gay members and leaders. the executive board is wrapping up...
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restoring the 10 percent pay cuts they have previously accepted to help limit layoffs during record budget deficits. city leaders indicated they would support modest raises but the police officer association argued bigger raises are needed to keep the officers from leaving the department. the union has also called for opening negotiations to the public. >> the boy scouts of america could vote soon on whether to lit a policy that excludes gay members and leaders at the headquarters in texas. the proposal would allow individual troops to decide how to address the issue. a conservative group in texas organized a prayer vigil for this morning. the organization is expected to issue a statement today either way. >> the nasdaq exchange could be paying millions over facebook's botched initial public offering. the "wall street journal" reports that nasdaq is in talks with the government to pay $5 million in penalties, only 1 percent of the money lost by brokers and investors. last may, on the morning of the i.p.o. technical problems delayed the trading of the facebook shares and the nasdaq is offering to co
restoring the 10 percent pay cuts they have previously accepted to help limit layoffs during record budget deficits. city leaders indicated they would support modest raises but the police officer association argued bigger raises are needed to keep the officers from leaving the department. the union has also called for opening negotiations to the public. >> the boy scouts of america could vote soon on whether to lit a policy that excludes gay members and leaders at the headquarters in...
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including restoring 10 percent pay cuts they accepted to help limit layoffs during the record budget deficits. city leaders indicate they would support modest raises but the police officers association argues bigger raises are needed to keep officers from leaving. the union has called for opening negotiations to be public. >> trading is underway on wall street. here is a live look at the big board with the dow down 44 points and we are under the 14,000 mark. we will go to jane king at the new york stock exchange but, first, developing news, a triple murder in a north bay home. what is happening tomorrow at the crime scene. >> novato, oakland, sunnyvale, and all bay area. this is abc7 news. >> it is time to take a look at snow pack. it is not good news. 82 percent of statewide percentage of normal so we should have more than this just to this date not including what we are supposed to get the rest of the month and all of march before the season helps april 1. radar shows it is dry across the state. we have temperatures in the upper 50's and low 60's with sunshine through the vietnam and same f
including restoring 10 percent pay cuts they accepted to help limit layoffs during the record budget deficits. city leaders indicate they would support modest raises but the police officers association argues bigger raises are needed to keep officers from leaving. the union has called for opening negotiations to be public. >> trading is underway on wall street. here is a live look at the big board with the dow down 44 points and we are under the 14,000 mark. we will go to jane king at the...
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but the president says congress needs more time to come up with a permanent solution for reducing the deficit. >> we should give them the chance to come up with the budget instead of making cuts costing us jobs and significantly slow down our recovery. >> the president says the u.s. economy is poised for progress in the coming year and predicted it will fall below the $1 trillion mark. >> sources tell ap tonight the pentagon is ready to offer limited benefits to same-sex partners of gay service members. likely toin clud health and welfare benefits. dpeens secretary has not made a decision because federal law prohibits him from recognizing same-sex marriages. british lawmakers voted in favor of legalizing same-sex marriage. legislation would enable same-sex couples to get married in civil and religious ceremonies. the prime minister championed the bill despite opposition from within his party. before it becomes plau it must still pass the house of lord autos as we continue here, coming up, governor brown's response to a texas raid on california jobs. >> and >>> because gas prices are high it t
but the president says congress needs more time to come up with a permanent solution for reducing the deficit. >> we should give them the chance to come up with the budget instead of making cuts costing us jobs and significantly slow down our recovery. >> the president says the u.s. economy is poised for progress in the coming year and predicted it will fall below the $1 trillion mark. >> sources tell ap tonight the pentagon is ready to offer limited benefits to same-sex...
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that he's making-- he hasn't pivoted away from the things he's going to say to create jobs, which is deficit spending and increased taxes to finance more domestic spending on his priorities. this is what he's been talking about, really, since he started running for reelection, which is to say the day off he got elected the first time. this is his chance, this is his thing, this is what he likes to talk about. i'm not surprised to hear him make this the focus of the state of the union, but i will say this, the consequence of him going on such an ideological, liberal sort of power point throughout his inaugural address, the position of having to go back and remind people this really is about jobs, if we don't like having 7.9% unemployment and don't like these things and the reports that we talk about global warming and marriage, et cetera, et cetera, et cetera. >> what does it actually do for him or his party. the thing is as a second term president not much he can do, pick a couple of top priorities and seems he's doing that with immigration reform and gun control and some climate change issu
that he's making-- he hasn't pivoted away from the things he's going to say to create jobs, which is deficit spending and increased taxes to finance more domestic spending on his priorities. this is what he's been talking about, really, since he started running for reelection, which is to say the day off he got elected the first time. this is his chance, this is his thing, this is what he likes to talk about. i'm not surprised to hear him make this the focus of the state of the union, but i...
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we can't just talk about the deficit in the short-term when really we need to spend more. we can't keep cutting jobs because cutting right now is laying off teachers, laying off firefighters. it's not educating our kids. it's going to take people out of head start. these are things that are not going to get us on the right track. we need to focus and get engaged and get the economy back on the right track. >> rick: two starkly different views on a way forward. well presented by both of you. so thank you both for coming on. >> thank you. >> arthel: very good. so there is this, in utah, a moose creating some excitement in a residential neighborhood. the moose making himself effectually at home, taking in the sights as he wandsered into various back yards. sometimes hopping walls and fences, posting on facebook. no, he didn't. wildlife officials were finally able to tranquilize him and they suggest you leave that to the professionals, of course. >> rick: i just got -- >> you never approach a moose. they're very aggressive. they can seem real docile and all of a sudden decide
we can't just talk about the deficit in the short-term when really we need to spend more. we can't keep cutting jobs because cutting right now is laying off teachers, laying off firefighters. it's not educating our kids. it's going to take people out of head start. these are things that are not going to get us on the right track. we need to focus and get engaged and get the economy back on the right track. >> rick: two starkly different views on a way forward. well presented by both of...
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they are not sure they want to use that money to lor lower the deficit. that is one of the issues that will need to be resolved as the president and congress workout this deal to avoid this sequester, gregg. gregg: the republicans didn't win the last tax battle. we'll wait and see. wendell goler live at the white house. thank you. martha: there are new questions today about the biggest gas price skwrupl nap years in some states. what is going on out there? we'll have new details and what might be the latest pain at the pump. . . . .. martha: we're working on getting more information on u.s. gold medalist lindsey vonn. she is a four-time world champion. the event that was going on in austria, she had a crash. she said it was very foggy. it was delayed a couple hours. three out of the other four top racers did not finish the race. on the left-hand side of the screen you can see her being airlifted. when she got up, she stumbl.
they are not sure they want to use that money to lor lower the deficit. that is one of the issues that will need to be resolved as the president and congress workout this deal to avoid this sequester, gregg. gregg: the republicans didn't win the last tax battle. we'll wait and see. wendell goler live at the white house. thank you. martha: there are new questions today about the biggest gas price skwrupl nap years in some states. what is going on out there? we'll have new details and what might...
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they are not sure they want to use that money to lor lower the deficit. that is one of the issues that will need to be resolved as the president and congress workout this deal to avoid this sequester, gregg. gregg: the republicans didn't win the last tax battle. we'll wait and see. wendell goler live at the white house. thank you. martha: there are new questions today about the biggest gas price skwrupl nap years in some states. what is going on out there? we'll have new details and what might be the latest pain at the pump. . . . ..
they are not sure they want to use that money to lor lower the deficit. that is one of the issues that will need to be resolved as the president and congress workout this deal to avoid this sequester, gregg. gregg: the republicans didn't win the last tax battle. we'll wait and see. wendell goler live at the white house. thank you. martha: there are new questions today about the biggest gas price skwrupl nap years in some states. what is going on out there? we'll have new details and what might...
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it will not add a dime to the deficit. >> and what about cutting the deficit? jean spurling told joe scarborough that the president knows that he has to propose something. he has to make some proposals on entitlements. is he going to be that specific tonight? >> well, he has a specific -- we have a proposal that is on the table from the fiscal talks that we had with congress that has spending cuts that does do some entitlement reforms as well as raising revenue by closing loopholes to the -- that's still very much on the table. the president thinks, well, we think creating jobs -- he definitely thinks he is committed to deficit reduction and thinks that this is a drag on the economy too. if we don't deal with it and he is very committed to wanting to do it. we need a partner as some people like to say in december, and so we need a congress that's willing to work with us, but we do think that while congress is working on the larger piece that they should turn off the sequester for a few months, whatever time is needed in order to work on this bigger project, and
it will not add a dime to the deficit. >> and what about cutting the deficit? jean spurling told joe scarborough that the president knows that he has to propose something. he has to make some proposals on entitlements. is he going to be that specific tonight? >> well, he has a specific -- we have a proposal that is on the table from the fiscal talks that we had with congress that has spending cuts that does do some entitlement reforms as well as raising revenue by closing loopholes...
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will it bust the rainfall deficit? no. only .25" of rainfall. buttoned of the week will be showery both thursday and friday with a chance of showers. a little bit of fog tomorrow morning along the coast north bay valleys, then we're sunny. showers will get here thursday morning. we will have on-and-off showers for two days both thursday and friday. highs tomorrow upper 50s close to average. but with the breeze it will feel chilly. 58 concord and san jose. palo alto tomorrow 57. pleasant hill 59. hump day san ramon 57 degrees. napa 58. and mid-50s for kentfield, mill valley, sausalito and san francisco. we are looking at an extended forecast with that chance of showers on thursday and friday. over the weekend, here comes the sunshine once again. but it will still be brisk upper 50s, low 60s. next week we are dry once again. we'll be right back. well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad
will it bust the rainfall deficit? no. only .25" of rainfall. buttoned of the week will be showery both thursday and friday with a chance of showers. a little bit of fog tomorrow morning along the coast north bay valleys, then we're sunny. showers will get here thursday morning. we will have on-and-off showers for two days both thursday and friday. highs tomorrow upper 50s close to average. but with the breeze it will feel chilly. 58 concord and san jose. palo alto tomorrow 57. pleasant...
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he made it part of his deficit reduction plan in the past. now, for more information on this, you can stay tuned to "cbs this morning" at 7:00. reporting live in pittsburg, cate caugiran, kpix 5. >>> thank you. some breaking news now out of washington, d.c. an administration official says president obama has picked rei president sally jewell as the new secretary of interior. prior to joining rei, she spent 19 years in a commercial banking industry. if confirmed she would replace outgoing interior secretary ken salazar. >>> murder in wine country. three bodies found inside a home and this morning the search now on for their killer. it's a developing story from a home on ross station road outside the town of forrestville up in sonoma county. kpix 5 reporter anne makovec has the latest. >> reporter: investigators have been doing a lot more interviews overnight. they say that they are confident they will be able to catch the murderer soon. in the meantime, this person is still on the loose because they say this was not a murder- suicide. three me
he made it part of his deficit reduction plan in the past. now, for more information on this, you can stay tuned to "cbs this morning" at 7:00. reporting live in pittsburg, cate caugiran, kpix 5. >>> thank you. some breaking news now out of washington, d.c. an administration official says president obama has picked rei president sally jewell as the new secretary of interior. prior to joining rei, she spent 19 years in a commercial banking industry. if confirmed she would...
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indicated they will let the automatic cuts take effect if there is no long-term agreement to reduce the deficit. those cuts would take a bite out of military spending and domestic programs, including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> president obama is planning a major overseas trip. for the first time since becoming president, mr. obama will travel to israel. it will happen in the spring. the president will meet with israeli prime minister benjamin netanyahu. reportedly as early as march. the two leaders have had a rocky relationship. the white house says the trip will be an opportunity to reaffirm ties between the u.s. and israel. president obama will also visit the west bank and jordan. >>> the military is poised to extend some benefits to same- sex partners of gay servicemembers. u.s. officials say they are likely to include health and welfare programs as well as access to on base stores and services 16 months after the pentagon revealed the ban on openly gay servicemembers. an announcement is expected in the next few days. >>> britain is one step clo
indicated they will let the automatic cuts take effect if there is no long-term agreement to reduce the deficit. those cuts would take a bite out of military spending and domestic programs, including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> president obama is planning a major overseas trip. for the first time since becoming president, mr. obama will travel to israel. it will happen in the spring. the president will meet with israeli prime minister...
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Feb 5, 2013
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indicated they will let the automatic cuts take effect if there's no long-term agreement to reduce the deficit. those cuts would take a big bite out of military spending and domestic programs including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> police in the east bay have a man under arrest in a hit-and- run accident that injured a mother and two children last night about 5:45. the woman and two children ages 1 and 7 were in a crosswalk on crestview drive when they were both struck -- all three. the 7-year-old girl was on a bicycle and the 1-year-old was in a stroller. witnesses helped police track down a suspect 45 minutes later. >> we have some witnesses on scene that were able to give real good descriptions to our officers on the vehicle as well as his physical description. our officers located the vehicle within blocks of the collision call and arrested the suspect in this case. >> 24-year-old noe delgado of pittsburg is held in county jail in martinez on suspicion of felony hit-and-run. police say he did not show any signs of intoxication but an investigatio
indicated they will let the automatic cuts take effect if there's no long-term agreement to reduce the deficit. those cuts would take a big bite out of military spending and domestic programs including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> police in the east bay have a man under arrest in a hit-and- run accident that injured a mother and two children last night about 5:45. the woman and two children ages 1 and 7 were in a crosswalk on crestview drive...
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we'll get some showers, but anything to put a dent in our rainfall deficit i don't see coming from the system. we'll talk about any other chance was rainfall coming up. >>> checking bay area headlines, muni is blaming a stray bolt for a cable car accident that sent seven people to the hospital. it stopped the train abruptly. investigators are trying to particular out how the bolt got into the track. >>> workers at a uc berkeley office in emeryville are trying to figure out why a bomb threat was phoned in. it forced the evacuation of two buildings this morning. an intensive search turned up nothing. >>> investigators are looking for the source of a fatal fire in san leandro. the body of a man was found inside the burning home on neptune drive just before dawn. first responders performed cpr but could not revive him. >>> the dot com hiring boom is back. the growth is not just high-tech. the technology hiring is having a ripple effect fuelling a sunge in -- surge in construction too. and that means materials are needed and a workforce to supply them. >> reporter: from garden to paint to h
we'll get some showers, but anything to put a dent in our rainfall deficit i don't see coming from the system. we'll talk about any other chance was rainfall coming up. >>> checking bay area headlines, muni is blaming a stray bolt for a cable car accident that sent seven people to the hospital. it stopped the train abruptly. investigators are trying to particular out how the bolt got into the track. >>> workers at a uc berkeley office in emeryville are trying to figure out why...
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and president obama says there's no doubt additional revenue is needed to bring down the deficit but believes it can be done without another tax hike. speaking to cbs news anchor scott pelley yesterday, the president said the u.s. can reduce its deficit by closing tax loopholes and making what he calls smart budget reductions. >> if you combine those things together, then we cannot only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. >> well today the president travels to minneapolis where he'll push for proposals to gun control durs his visit. susan mcginnis is in washington. good morning. >> good morning. this will be the president's first trip outside washington to push his gun proposealsproposals. he's pushing for a big rally in support of this. in the meantime the senators are said to be preparing their own legislation very similar to the president's employee posal but conspicuously absent is the assault weapons ban. he takes his pitch for gun safety to minneapolis today. he wants congress to
and president obama says there's no doubt additional revenue is needed to bring down the deficit but believes it can be done without another tax hike. speaking to cbs news anchor scott pelley yesterday, the president said the u.s. can reduce its deficit by closing tax loopholes and making what he calls smart budget reductions. >> if you combine those things together, then we cannot only reduce our deficit, but we can continue to invest in things like education and research and development...
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four years ago we project add $21 billion annual deficit. this next year we're anticipating surpluses. if all things are equal and we continue the fiscal austerity, we're going to see that knocked down about 90%. so california is making a big comeback, and i think in many ways countering a lot of the skepticism and a lot of the negativity. >> you give the governor credit for that. >> a lot of credit. they made cuts, the likes of what most republican legislate tors would never make. >> you have a new book out called "citizenville." what's the point you're trying to make about reforming government? >> it's no longer going to be valid to a jen wrags behind us. i used to nienk daughter was a remarkable person because she would go on her ipad and everyone else was doing the same thing she wasn't necessarily a prodigy. there's a whole generation of digital natives that are taking solutions into their own hands and doing things in a way that frankly government is not prepared to govern or accept. that's government as we know it. that's being flatte
four years ago we project add $21 billion annual deficit. this next year we're anticipating surpluses. if all things are equal and we continue the fiscal austerity, we're going to see that knocked down about 90%. so california is making a big comeback, and i think in many ways countering a lot of the skepticism and a lot of the negativity. >> you give the governor credit for that. >> a lot of credit. they made cuts, the likes of what most republican legislate tors would never make....
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"the new york times" says the rising cost of health care is slowing and that helping it ease the deficit. the congressional budget office now estimates hundreds of billions of dollars have been cut from the cost of medicare and medicaid. overall, health care spending is at its lowest rate in decades. >>> the "washington post" looks at state of the union squatters. they are the lawmakers who wait hours to stake out one of the coveted aisle seats in the house chamber. being in that spot can mean some high-profile television face time when greeting the president. >>> the "wall street journal" says gum chewing is falling out of favor. gum makers are looking to win customers back. they're shrinking gum packages to fit in the pockets of jeans and are trying new flavors like orange cream pop and wild berry remix which i think might be part of the problem. i like just the traditional flavors. >>> "the financial times" says that spain's parliament is expected to declare bullfighting a protected national cultural pastime. the move today is expected to raise tensions in spanish regions where the sp
"the new york times" says the rising cost of health care is slowing and that helping it ease the deficit. the congressional budget office now estimates hundreds of billions of dollars have been cut from the cost of medicare and medicaid. overall, health care spending is at its lowest rate in decades. >>> the "washington post" looks at state of the union squatters. they are the lawmakers who wait hours to stake out one of the coveted aisle seats in the house chamber....
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if you combine those things together, then we can not only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self-inflicted wounds. there is a way for us to solve these budget problems in a responsible way through a balanced approach that the vast majority of people agree with. if we do that there's no reason why. we can't have strong growth in 2013. we can't have washington dysfunction getting in the way. >> charlie, it's interesting to hear the president say they do need additional revenue, but it's not going to come from raising rates again. that will be sort of this next battle they're fighting. >> closing loopholes. >> and also the president is going to be heading to minnesota for a push for stronger gun control laws. that will be the next thing on his agenda. >>> new details are emerging from a natural gas facility in algeria. the siege left 27 foreign work
if you combine those things together, then we can not only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self-inflicted wounds. there is a way for us to solve these budget problems in a responsible way through a balanced approach that the vast majority of people agree...
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Feb 5, 2013
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cuts were designed to be so painful they would force congress to come one a smarter way to trim the deficit instead but it didn't happen. house republicans poind out they passed a bill to replace the sequester with cuts to federal worker pay, food stamps and other programs. democrats say that puts the burden on poor and middle class americans to pay for debt reduction. >> remember the american people still believe by an overwhelming margin that the rich should contribute to this. >> reporter: republicans argue democrats have no plan for replacing the sequester beyond eliminating tax breaks for corporate jet owners and oil companies. >> these aren't real solutions, mr. president. they're poll tested gimmicks. >> reporter: the cuts were originally supposed to kick in last month, but a last-minute deal pushed them off for two months. the president is meeting at this hour with labor leaders later this afternoon with business leaders and the subject, norah and charlie, is sure to come up. >> nancy cordes thanks. >>> meantime house majority leader eric cantor will be outlining a new agenda for hi
cuts were designed to be so painful they would force congress to come one a smarter way to trim the deficit instead but it didn't happen. house republicans poind out they passed a bill to replace the sequester with cuts to federal worker pay, food stamps and other programs. democrats say that puts the burden on poor and middle class americans to pay for debt reduction. >> remember the american people still believe by an overwhelming margin that the rich should contribute to this. >>...
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in the past it was part of his deficit reduction package last year. >> nancy cordes thanks. john brennan is said to make his case on capitol hill to become cia director. leaked memo spells out the link for americans being killed because of terrorism. >> reporter: good morning and good morning out west. that unclassified memo was written by the justice department sent to some members of congress last summer, never intended to be made public but it leaked this week. most likely because the senate is holding hearings tomorrow on the nomination of john brennan to head the cia. he's the architect of the program, and the leak now has the white house on the defensive. administration officials argued forcefully tuesday the targeted killing of terrorists who are american citizens often by drone strikes is acceptable policy in the battle to keep america safe. >> these strikes are legal. they are ethical and they are wise. >> we only take these kinds of actions when there is an eminent threat when capture is not feasible and when we are confident we're doing so in a way that's consiste
in the past it was part of his deficit reduction package last year. >> nancy cordes thanks. john brennan is said to make his case on capitol hill to become cia director. leaked memo spells out the link for americans being killed because of terrorism. >> reporter: good morning and good morning out west. that unclassified memo was written by the justice department sent to some members of congress last summer, never intended to be made public but it leaked this week. most likely...
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the question is if we can reduce the deficit, can we combine some spending cuts because there's still waste in government, can we reform our health care because we spend more than eany other country. there's ways to reduce health care costs. and can we close loopholes and deductions that folks that are well connected and have a lot of accountants and lawyers can take advantage of, can we close some of those loopholes. if you combine those things together, then we cannot only reduce our deficit but we can continue to invest in things like education and research and development that's going to help us grow. washington cannot continually operate under a cloud of crisis. that freezes up consumers, it gets businesses worried. we can't afford these self-inflicted wounds. and there's a way for us to resolve these budget problems in a responsible way through a balanced approach that the vast majority agrees with. there's no reason why we can't. we can't have washington dysfunction getting in the way. >> it's interesting to hear them say we do need additional revenue but it's not going to come
the question is if we can reduce the deficit, can we combine some spending cuts because there's still waste in government, can we reform our health care because we spend more than eany other country. there's ways to reduce health care costs. and can we close loopholes and deductions that folks that are well connected and have a lot of accountants and lawyers can take advantage of, can we close some of those loopholes. if you combine those things together, then we cannot only reduce our deficit...
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>> bill plante, thanks. >> the congressional bucket office is predicting they'll drop the deficit. but that will only happen if there's no deal to head off the automatic spending cuts known as the sequester. they project the economy would only grow 1.4% and economy 1.8%. >>> republicans say the latest offer is nothing new and means higher taxes. the president believes the cuts would hurt the economy and he's willing to settle for a short-term fix. >> if congress can't act immediately on a bigger package, if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe they should at least pass a smaller package of spending cuts and tax reforms that would delay the economic damaging effects of the sequester for faw more months until congress finds a way. >>> cbs political news director john dickerson. john, good morning. another deadline in washington, another proposal for a short-term fix without any specifics about how to do it and thousands of people facing job loss. is this about the president trying to gain the political upper han
>> bill plante, thanks. >> the congressional bucket office is predicting they'll drop the deficit. but that will only happen if there's no deal to head off the automatic spending cuts known as the sequester. they project the economy would only grow 1.4% and economy 1.8%. >>> republicans say the latest offer is nothing new and means higher taxes. the president believes the cuts would hurt the economy and he's willing to settle for a short-term fix. >> if congress can't...
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immigration reform, tackling the deficit, gun control -- all part of president obama's ambitious second term agenda. and now there are reports the president is considering what has become a familiar tool to push his agenda through a divided congress, basically mr. obama is going to ignore congress and enact a series of executive actions. question for you this morning, are executive actions the only way to get things done in washington these days? l.z.? >> that's a band-aid. if you want something long term, you have to work with congress because we need legislative change because essentially what you're saying is that the next president can come in and just reverse things, and then we have a back and forth sort of way of governing, and that's not really productive. we need congress to make decisions. this is a band-aid. i understand it's frustrations, but he's got to go and find a way to work with congress because that's the only way to having long-term solutions. >> will? >> if they're the only way to get things done in congress, then we need to add an adjective, which is they're the on
immigration reform, tackling the deficit, gun control -- all part of president obama's ambitious second term agenda. and now there are reports the president is considering what has become a familiar tool to push his agenda through a divided congress, basically mr. obama is going to ignore congress and enact a series of executive actions. question for you this morning, are executive actions the only way to get things done in washington these days? l.z.? >> that's a band-aid. if you want...
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that's one of the main reasons india's fiscal deficit ballooned last year. it put the rupee under pressure, slowed growth and left a finance minister concerned. >> i may add that we may be left with no choice but to make it a little more expensive to import gold. >> reporter: he then raised the import tax on gold for the third time in a year. this time, hiking it from 4% to 6%. industry insiders say that's likely to cause an increase in illegal smuggling into india, but they also don't think legal imports will come down. and even if gold ends up being more expensive, they say consumers will still want it. >> gold is the commodity which has paid you ten times in properties also the recession is there, stocks also, the index, you can see from last couple of years. nobody's got much return on the investment besides gold. >> reporter: it's been good for the retailer. but according to this economist, money spent on gold is a drag on the economy. according to estimates, indians put away about 20,000 tons of gold and jewelry, coins, and bars. >> because the savings
that's one of the main reasons india's fiscal deficit ballooned last year. it put the rupee under pressure, slowed growth and left a finance minister concerned. >> i may add that we may be left with no choice but to make it a little more expensive to import gold. >> reporter: he then raised the import tax on gold for the third time in a year. this time, hiking it from 4% to 6%. industry insiders say that's likely to cause an increase in illegal smuggling into india, but they also...
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again, playing devil's advocate, san francisco also had time to sit around and think about this huge deficit, being in the super bowl, embarrassing themselves. the pixie dust is gone. i'm just saying that balancing this out a little bit, we've got to get san francisco some credit here, this is a team that's been very resilient. you have that other factor going there. have you brother against brother. you have john harbaugh for baltimore not wantsing to be embarrassed. there's a ying and a yang here you have to look at. >> taerns. >> it's my story and i'm sticking to it. >> as i look at social media. and this is true, this person is right. someone said, twitter ain't been this live since obama versus romney. they're absolutely right. i can't even keep up with my twitter feed people are talking about this so much. there are a lot of people that are happy. there are a lot of people who are not happy about this. if you were not interested in these two teams, you're interested in this story. so i want you to put your sports marketing hat on. i want you to put your sports marketing hat on and tell
again, playing devil's advocate, san francisco also had time to sit around and think about this huge deficit, being in the super bowl, embarrassing themselves. the pixie dust is gone. i'm just saying that balancing this out a little bit, we've got to get san francisco some credit here, this is a team that's been very resilient. you have that other factor going there. have you brother against brother. you have john harbaugh for baltimore not wantsing to be embarrassed. there's a ying and a yang...
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to pay down the deficit. and potentially to make our businesses more competitive. now, i think this balanced mix of spending cuts and tax reform is the best way to finish the job of deficit reduction. the overwhelming majority of the american people, democrats and republicans, as well as independents, have the same view. and both the house and the senate are working towards budget proposals that i hope reflect this balanced approach. having said that, i know that a full budget may not be finished before march 1st, and unfortunately that's the date when a series of harmful automatic cuts to job-creating investments and defense spend, also known as sequester, are scheduled to take effect. so, if congress can't act immediately on a bigger package, if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe that they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a
to pay down the deficit. and potentially to make our businesses more competitive. now, i think this balanced mix of spending cuts and tax reform is the best way to finish the job of deficit reduction. the overwhelming majority of the american people, democrats and republicans, as well as independents, have the same view. and both the house and the senate are working towards budget proposals that i hope reflect this balanced approach. having said that, i know that a full budget may not be...
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so, yes, reduce the deficit. but let's do it in a sensible way and the president has the prerogative of getting to put forward his budget the way he would like to present it to congress and then congress can do its work however it wants. and with that i yield to my friend and colleague from maryland and someone who has been very focused on reducing our deficits in a responsible way, mr. hoyer. the chair: the gentleman from maryland is recognized. may i remind my colleagues, i appreciate the honor, but i'm only a chairman today. the gentleman is recognized. mr. hoyer: we wish you the best for the future. the chair: thank you. mr. van hollen, may i ask for how long he was recognized? mr. van hollen: i yield four minutes. the chair: the gentleman from maryland is recognized. mr. hoyer: i thank the gentleman for yielding. mr. price of georgia said what the american people want. what the american people don't want is games. this is a game. this is a sham. this is a shame. what the american people want is honest legisl
so, yes, reduce the deficit. but let's do it in a sensible way and the president has the prerogative of getting to put forward his budget the way he would like to present it to congress and then congress can do its work however it wants. and with that i yield to my friend and colleague from maryland and someone who has been very focused on reducing our deficits in a responsible way, mr. hoyer. the chair: the gentleman from maryland is recognized. may i remind my colleagues, i appreciate the...
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we've got a deficit that's, let's just call it morning friends a trillion. the c.b.o. estimate was a little bit below finally. but around the neighborhood of a trillion. that's 12 times 85. on top of that, you will... you have the danger of kicking off a worldwide financial panic as people start worrying about, well, is the united states going to default on its debt? if it comes down to paying social security payments or the interest on the debt, are we so sure that america will cut the social security payments and pay the interest on the debt? and a whole bunch of questions like that that we don't want anybody thinking about. we always want people thinking america is going to pay its obligations all of them. all of them. >> charlie: and america is. and we always have. i believe we will. but that's why i'm so worried about even if it's a small probability of a cataclysmic crash to the national debt ceiling, it wouldn't be good. >> reporter: do you think it's essential for the administration to lay out how it were to reform entitlements? >> not at this stage. charlie: a
we've got a deficit that's, let's just call it morning friends a trillion. the c.b.o. estimate was a little bit below finally. but around the neighborhood of a trillion. that's 12 times 85. on top of that, you will... you have the danger of kicking off a worldwide financial panic as people start worrying about, well, is the united states going to default on its debt? if it comes down to paying social security payments or the interest on the debt, are we so sure that america will cut the social...